Azil Racking and Shelving Limited |
Registered Number:10165148 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
Azil Racking and Shelving Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Azil Racking and Shelving Limited
Statement of Financial Position
2022
2023
4,000
5,000
2
Property, plant and equipment |
200,964
215,784
3
204,964
220,784
304,783
391,739
4
Trade and other receivables |
356,096
162,885
5
312,145
Cash and cash equivalents |
370,735
925,359
973,024
Trade and other payables: amounts falling due within one |
year |
(470,592)
(437,597)
6
502,432
487,762
Net current assets
Total assets less current liabilities |
692,726
723,216
Trade and other payables: amounts falling due after more |
than one year |
(51,341)
(38,477)
7
(31,587)
(36,150)
Provisions for liabilities |
622,662
Net assets
635,725
11
11
622,651
635,714
622,662
635,725
Shareholders' funds
For the year ended 31 May 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 May 2023
Azil Racking and Shelving Limited
Statement of Financial Position Continued
Mr Bill McAtavey Director |
These financial statements were approved and authorised for issue by the Board on 14 February 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2023
Azil Racking and Shelving Limited
Notes to the Financial Statements
Statutory Information
Azil Racking and Shelving Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 10165148. |
Hammond Farm, Whaddon Road
Newton Longville
Milton Keynes
NK17 0AU
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2. Intangible fixed assets |
Goodwill
10,000
10,000
5,000
1,000
Charge for year
6,000
4,000
5,000
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For the year ended 31 May 2023
Azil Racking and Shelving Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment |
347,981
6,292
25,002
40,344
276,343
33,867
3,075
9,592
16,500
4,700
56,844
34,594
9,367
381,848
281,043
Provision for depreciation and impairment |
132,197
1,258
9,714
13,930
107,295
Charge for year
48,687
1,622
3,732
8,583
34,750
180,884
2,880
13,446
22,513
142,045
138,998
34,331
21,148
6,487
200,964
169,048
26,414
15,288
5,034
215,784
2022
2023
391,739
304,783
5. Trade and other receivables |
2022
2023
162,885
356,096
6. Trade and other payables: amounts falling due within one year |
2022
2023
168
168
363,051
306,740
Taxation and social security |
45,286
105,326
29,092
58,358
437,597
470,592
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For the year ended 31 May 2023
Azil Racking and Shelving Limited
Notes to the Financial Statements Continued
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
31,967
41,849
6,510
9,492
38,477
51,341
8. Average number of persons employed |
During the year the average number of employees was 30 (2022 : 29)
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